POL101Y1 Lecture 3: Lecture 3 Notes
Document Summary
Economic advancement began in the belgium, germany, england region (the northwest t riangle) Two revolutions during 16th and 19th century, the agricultural and industrial revolutions. These were big changes in the structure of economies, (no overthrows of governments. Agricultural revolution took place over a very long period of time. What it really refers to is radical changes in the way farmers grew their crops. The amount of seeds you needed to save went from like 1 in 3 to 1 in 20, thanks to changes in technology. This change took flemish and english farmers about 200 years. Late 18th century, started as a textile production boom in england. They started producing raw cotton in factories and essentially made a 50 fold increase in production cotton. I ron mills were established to create steel. From 1788 to 1830 production grew 10 fold. Luxuries came to become necessities" then they became decencies.